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National Treasury invited proposals on “innovative and cost-efficient” ways to supplement the government’s foreign-currency borrowing programme in the current fiscal year. The initiative is aimed...
In engagements between the National Executive and the Provincial Executive of the Northern Cape, on Friday, President Cyril Ramaphosa said besides the strides being made in the energy sector, the...
The Passenger Rail Agency of South Africa and its key union reached a wage agreement that will see a 5.5% increase in workers’ pay across the board. The United National Transport Union and Prasa...
Development finance institution (DFI) the African Development Bank (AfDB) has signed a $474.6-million loan agreement with South Africa to support the implementation of the country's Just Energy...
With the threat of 30% tariffs on South African exports to the US looming from August 1, President Cyril Ramaphosa has assured that discussions with the US are ongoing and expressed optimism about...
A temporary global hesitation to embrace the energy transition, spurred on primarily by resistance to the idea by the US, may provide short-term advantages for corporates in sectors such as coal,...
The National Treasury has reported that it has been subject to a malware attack. The malware was detected on its Infrastructure Reporting Model (IRM) website, which was its system for online...
South Africa’s tame inflation has created room for the central bank to cut interest rates at each of its three remaining meetings this year, according to Goldman Sachs and Investec Bank. Annual...
South Africa is unleashing its own version of the US Department of Government Efficiency, or DOGE, to cut programs deemed as wasteful or not aligned with government policy. A mechanism called...
South Africa’s National Treasury plans to revamp its 2026 budget-preparation process after political wrangling saw this year’s proposal altered twice. “South Africa’s current budget process has not...
Solar PV power projects were 41% cheaper on average than the lowest-cost fossil fuel alternatives in 2024, while onshore wind projects were 53% cheaper on average than fossil fuel projects, the...
South African inflation quickened to a four-month high in June, complicating the central bank’s task as it prepares to review interest rates. Consumer prices rose 3% from a year earlier, compared...
Market research and intelligence company BMI has lowered its forecast headline growth rate for sub-Saharan Africa for this year to 3.7%, from its earlier projection of 3.8%, but points out that...
South African home appliance manufacturer Defy will invest an additional R500-million in its local operations over the next five years, CEO Mustafa Soylu said on July 22. Speaking at an event at...
Mozambique’s Maputo port suffered a steep drop in shipments during the first half of the year amid trade uncertainties and social unrest, according to the company that runs its operations. The...
While commodities are a vital engine for global trade, it is value addition that holds the key to more diverse and resilient economies, says United Nations Trade and Development (Unctad). The share...
Ibex Investment Holdings, formerly known as Steinhoff International, sold its entire 28% stake in South Africa's clothing retailer Pepkor for $1.5-billion through an accelerated book-building...
President Cyril Ramaphosa fired Higher Education and Training Minister Nobuhle Nkabane, who is facing accusations that she misled parliament, eight days after he suspended a close cabinet ally for...
The decision by ratings agency S&P Global to downgrade State-owned enterprise (SOE) Transnet’s credit rating was disappointing news for those in business eager to see the utility performing better,...
South Africa is edging closer to leaving a global financial watchdog’s so-called gray list in October, with a team of assessors scheduled to visit the nation this month. The Financial Action Task...
In October, 60 amateur runners will compete in the World's Deepest Marathon at one of Europe's deepest mines – the Garpenberg zinc mine, in Sweden – to highlight the safety, innovation and...
Finance chiefs of G20 countries were close to agreeing a common position on trade and other global challenges on Friday, which would be the first since US President Donald Trump's election victory...
UK Chancellor Rachel Reeves announced an infrastructure partnership with the South African government to boost investment in Africa’s biggest economy. The pact, announced in the South African port...
The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump...
Dust, especially from demolition activity, can contain harmful substances and exacerbate respiratory issues, thereby highlighting the importance of being proactive in adequately implementing...
The cumulative health effects of prolonged dust exposure, including respiratory and cardiovascular diseases, have now positioned dust as a serious environmental and occupational hazard, resulting...
South Africa’s various architectural bodies have agreed to jointly create a Technical Task Team (TTT) to assist municipalities to deal with their dysfunctional planning approvals processes. These...
Finance Minister Enoch Godongwana said the Group of 20 advanced economies are nearing a deal on a communiqué. “We are closer to a making a deal and achieving a consensus that will emerge as a...
South Africa called for greater cooperation among the Group of 20 advanced economies, as finance ministers and central bank governors gathered under the cloud of US President Donald Trump’s trade...
In a belated move, the National Energy Regulator of South Africa (Nersa) has announced an 11-month process to set rules for electricity trading, having already licensed ten trading entities, while...
G20 finance chiefs will meet in South Africa on Thursday under the shadow of President Donald Trump's tariff threats and questions over their ability to tackle global challenges together. The club,...
A severe lack of economic collaboration between nations is stifling Africa’s critical minerals beneficiation aspirations, expert panel members agreed during the Manufacturing Indaba, in Sandton, on...
More adults than ever in low- and middle-income countries have bank or other financial accounts, leading to a rise in formal saving, says the World Bank Group in its 'Global Findex 2025' report....
African infrastructure and industrial development finance institution, Africa Finance Corporation (AFC), has been given a long-term issuer credit rating of A+ by the Japan Credit Rating Agency...
US President Donald Trump's tariffs on South Africa could cause around 100 000 job losses, with the agriculture and automotive sectors hardest-hit, central bank governor Lesetja Kganyago said on...
UK development finance institution British International Investment (BII), Zambia’s National Pension Scheme Authority (Napsa) and Swedish development finance institution Swedfund have launched the...
Deputy President Paul Mashatile on Wednesday expressed confidence in potential opportunities for collaboration and mutual growth between South Africa and China, noting that both countries can...
Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to withdraw from multilateral organisations. President Cyril...
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